EARNINGS PER SHARE

3 Months Ended

Mar. 31, 2022

NOTE 15—EARNINGS PER SHARE

The following table shows the amounts used in computing our basic and diluted earnings per share (in thousands, except per share amounts):


	For the Three Months Ended March 31,
	2022		2021
Numerator for basic and diluted earnings per share:
Income (loss) from continuing operations	$	40,592	$	(55,398)
Net income (loss)	40,592		(55,398)
Net income attributable to noncontrolling interests	1,860		1,811
Net income (loss) attributable to common stockholders	$	38,732	$	(57,209)
Denominator:
Denominator for basic earnings per share—weighted average shares	399,297		374,669
Effect of dilutive securities:
Stock options	25		16
Restricted stock awards	421		282
OP unitholder interests	3,517		2,955
Denominator for diluted earnings per share—adjusted weighted average shares	403,260		377,922
Basic earnings per share:
Income (loss) from continuing operations	$	0.10	$	(0.15)
Net income (loss) attributable to common stockholders	0.10		(0.15)
Diluted earnings per share: (1)
Income (loss) from continuing operations	$	0.10	$	(0.15)
Net income (loss) attributable to common stockholders	0.10		(0.15)

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(1) Potential common shares are not included in the computation of diluted earnings per share when a loss from continuing operations exists as the effect would be an antidilutive per share amount.